"Banker to the Poor" is a non-fiction book by Bangladeshi economist and Nobel Peace Prize winner Muhammad Yunus, first published in 1999. The book tells the story of Yunus' journey to create the Grameen Bank, a microfinance organization that provides small loans to poor people in rural Bangladesh.
Yunus, who was working as a professor of economics in the 1970s, became frustrated with the poverty and economic inequality he saw in his home country. He began experimenting with ways to provide credit to poor people who were traditionally excluded from the banking system, and eventually founded the Grameen Bank in 1983.
The book chronicles Yunus' struggles and successes in building the Grameen Bank, and offers insights into the challenges of providing financial services to the poor. Yunus argues that traditional banking systems are often biased against the poor, and that microfinance can be an effective tool for poverty alleviation.
Yunus also explores broader questions about the nature of poverty and economic development, and offers a vision of a world in which access to credit and other financial services can help lift people out of poverty and create more equitable societies.
"Banker to the Poor" has been widely praised for its inspiring story and its contributions to the field of microfinance. The book has been translated into many languages, and has helped to spark a global movement around the idea of providing financial services to the poor.
0